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multi-family

MinnesotaCRE

Gaughan Companies/CORFAC International closes sale of units in Minnesota condominium building

Gaughan Companies/CORFAC International recently closed the sale of 17 fully leased units in the Rum River Condominium building in Isanti, Minn., for $800,000, or an…
Staff Writer April 5, 2017

Jupiter Communities adds 713-unit multi-family property in Indiana to its portfolio

Jupiter Communities, a national multi-family property management firm, recently added Runaway Bay Apartments, located in Indianapolis, to its property-management portfolio.
Staff Writer April 5, 2017
OhioCRE

Cleveland’s Bellwether Enterprise closes $70 million loan for multi-family refinance

Cleveland-based Bellwether Enterprise Real Estate Capital recently closed a $70 million loan for the refinance of a multi-family property in Washington, D.C.
Staff Writer April 5, 2017

Chicago entrepreneur gives renters chance to praise, criticize apartment communities

Mike Cerny knows the challenges that renters face. Apartment rents are rising. Vacancies are falling, making it more difficult for renters to find units in…
Dan Rafter April 5, 2017
MinnesotaFinance

Minneapolis’ Dougherty Markets closes $2.5 million loan for 66-unit apartment property

Minneapolis-based Dougherty Mortgage recently closed a $2.5 million loan for the acquisition of Bannock Arms Apartments, a 66-unit multi-family affordable housing property in Boise, Idaho.
Staff Writer April 5, 2017
MichiganCRE

McKinley purchases 216-unit apartment community in Ann Arbor

Ann Arbor, Mich.-based McKinley recently acquired Traver Knoll Apartments, a 216-unit garden apartment community on the north side of Ann Arbor.
Staff Writer April 5, 2017
MinnesotaCRE

Marcus & Millichap sells eight-unit apartment property in Minneapolis

Marcus & Millichap Real Estate Investment Services recently closed the sale of 2424 4th Avenue South, an eight-unit apartment property located in Minneapolis. The asset…
Staff Writer April 5, 2017

Associated Bank provides $6.2 million loan to help fund building of rowhome development in Chicago neighborhood

Chicago-based Associated Bank recently provided a $6.2 million construction loan to Belgravia Group in Chicago. The loan will be used to construct Montana Row, a…
Staff Writer April 5, 2017

Marcus & Millichap closes sale of 84-unit multi-family property in Indiana

Marcus & Millichap Real Estate Investment Services recently sold Terra Trace, an 84-unit multi-family property in Evansville, Ind. The asset commanded a sales price of…
Staff Writer April 5, 2017

Johnson Capital closes $11 million loan for multi-family property in Indianapolis

Kent Carpenter with Johnson Capital, a national real estate capital advisory firm, recently arranged an $11.2 million permanent loan for a Class-A 148-unit multi-family property…
Staff Writer April 5, 2017
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